Wealth Management

Q4 2023 Market Overview

Q4 2023 Market Overview

Stock and bond markets finished the year on a high with all main asset classes posting strong returns in the last quarter of 2023. The UK aggregate bond market was up 8.25% and most equity markets rallied by 5% or more in GBP. The main factors driving financial markets continue to be the level...

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Autumn Statement date set for 22 November

Autumn Statement date set for 22 November

The Treasury has announced that the Office of Budget Responsibility (OBR) will produce a report on the state of the UK Economy in time for Chancellor Jeremy Hunt to present his Autumn Statement on Wednesday 22 November. Last year the Chancellor announced a number of significant changes, reversing many of the proposals in the...

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What is anchoring bias?

What is anchoring bias?

Anchoring is a cognitive bias that describes a reasoning flaw, of relying heavily on an initial piece of information (the anchor). Subsequent decision making and judgements are made with a bias towards interpreting other information around the anchor. Why does it matter? This bias can result in investors making poor investment decisions. A pessimistic...

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What is confirmation bias?

What is confirmation bias?

Confirmation bias is when individuals have an unconscious tendency to look for information that supports their pre-existing beliefs. They then ignore or discount information that opposes those beliefs. Why does it matter? Confirmation bias can lead investors to deliberately search for information that validates their investment choices while neglecting information that contradicts their decisions....

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What is recency (availability) bias?

What is recency (availability) bias?

Recency bias, (also known as availability bias), is when people give increased weight to more recent events, often ignoring information gathered over a longer time period. Why does it matter? Recency bias can affect investor decision making, and is often based on emotion rather than an informed decision. It can manifest in herd like...

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Global markets – what has changed?

Global markets – what has changed?

In the first quarter of 2023, it was anticipated that planned interest rate rises in the US, UK & Europe would be sufficient to apply downward pressure on inflation. This scenario played out in the first few months of the year with headline US Consumer Price Inflation (CPI) falling from 6.4%pa in January to...

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Investment Week awards

Investment Week awards

PK Wealth have been shortlisted for the 2023 Investment Week Awards, under the Proposition Development category. Thank you to all involved in the application process.  You can find the shortlists here: https://www.investmentweek.co.uk/news/4112686/investment-reveals-shortlist-investment-marketing-innovation-awards-2023 Keep up to date with the latest news on our social media channels: Contact us  Follow us  Connect  Instagram  Facebook

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Q1 2023 Market Overview

Q1 2023 Market Overview

The last quarter saw a high level of market volatility due to significant fluctuations in interest rate expectations. Early in the quarter, most markets rallied on hopes that inflation would quickly fall, allowing the US Federal Reserve and other central banks to pause or even reduce interest rates. Expectations of lower interest rates were...

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Banks in the spotlight again

Banks in the spotlight again

The past two weeks have seen news flow dominated by banks on both sides of the Atlantic, which has caused both investors and depositors a sense of anxiety not experienced since the global financial crisis in 2008. On the 10th March, Silicon Valley Bank (SVB) announced it could not meet customer withdrawal demands which...

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PK Wealth Shortlisted for Innovation Award

PK Wealth Shortlisted for Innovation Award

We are delighted to announce that PK Wealth have been shortlisted for the 2023 Wealth and Asset Management Awards. Thank you to all involved in the process. PK Wealth applied for the ‘Innovation of the Year’ award with the IHT Portfolio Service.  You can find the shortlists here: https://www.moneyage.co.uk/assetmanagementawards/shortlist23.php Keep up to date with...

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